Daily Archives: 1 March 2008

PRITAM SENGUPTA writes from New Delhi: Saturday afternoons don’t figure highly on the radar screens of TV channels. Because they are all in the “hills” smoking cigars, eating caviar, and calculating how much richer the soaring valuations have made them in the week gone by, channel heads all believe this is the time when the aam janata, after biryani and a glass of beer, are too groggy to pay attention and keep the “People Meters” ticking.

So this is when they sneak in soft not-so-newsy stuff—travel, food, books, letters, automotive, spirituality, gadgets—and other “events” and other stuff designed to keep in the media plans of advertisers.

But the afternoon of Saturday, 1 March 2008, was different. It was the day after the 2008-09 budget had been presented by P. Chidambaram. And it was the afternoon the Union finance minister had decided to give his traditional post-budget interviews to the media after (presumably) a nice Chettinad lunch.

Network 18 with two business channels in its bow—CNBC-TV18 and CNBC-Awaaz—was given first shot.

Its managing director Raghav Bahl was to conduct the pow-wow and all morning, the network’s channels, including CNN-IBN, promoted the “First Post-Budget Interview”. It was to begin at 2.50 pm. But, as an eager nation waited for PC to explain what he had done, the clock stretched to 3 pm. Finally, it began at 3.15 pm.

Most of Bahl’s initial questions were on the waiver of loans for small and marginal farmers that is said to cost the nation Rs 60,000 crore. Where is he going to find the funds for it, Bahl asked—and asked—and asked. Chidambaram guffawed and gave that trademark “Look-I-went-to-Harvard-how-many-of-you-did” smirk which reporters from North Block to Sivaganga dread.

When Bahl continued to insist on an answer, PC said helpfully: “Look, whatever way you try to get it out of me, I am not going to reveal it on a TV show when Parliament is in session.”

But Bahl wouldn’t give up. And when he asked once more, PC said: “Look you are wasting your time. You might as well squeeze in your other questions.”

When an unrelenting Bahl pushed again, Chidambaram said “That’s it,” got up and walked out of the interview, while Bahl, who uses a walking stick, sat in his chair.

And the moment I saw it, my mind immediately raced back to Narendra Modi‘s famous walkout from an interview with Karan Thapar last October. That walkout was sparked when Thapar insisted on a “regret” from the Gujarat chief minister for what was allowed to happen in the aftermath of the Godhra train blaze.

First a Modi walkout, then a Chidambaram walkout, that’s yet another CNN-IBN “exclusive”, I thought.

But while the Modi walkout was the meat and drink for the channel and other media for days on end, news of the Chidambaram walkout has been very nearly blacked out. The walkout wasn’t replayed endlessly on CNN-IBN or CNBC in the evening bulletins on Saturday. The walkout didn’t become the “Image of the Day”. And the walkout finds no mention whatsoever in Raghav Bahl’s report of his interview on IBN Live.

So, what gives?

As the home of two business channels, with a Hindi business newspaper coming up, Network 18 cannot obviously afford to rub the finance minister on the wrong side. With a partnership with Forbes coming up, and countless FDI/FII/FCCB deals coming up, Network 18 cannot obviously make an issue of this minor conflagration.

Still, can there be one rule for Modi, and another rule for Chidambaram?

One rule for a chief minister with a past; another rule for a market-friendly finance minister?

One rule for a BJP man, another for a Congress man?

To his credit, Bahl eventually managed to convince Chidambaram to address the nation in his smug, supercilious best once again. So some lost ground was recovered. But as Chidambaram’s “first” interview on Network 18 and his second interview with NDTV aired at more or less the same time, the irony was stark and striking.